2 DisclaimerIMPORTANT LEGAL NOTICE This presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of SMA Solar Technology AG (the "Company") or any present or future subsidiary of the Company (together with the Company, the "SMA Group") nor should it or any part of it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. All information contained herein has been carefully prepared. Nevertheless, we do not guarantee its accuracy or completeness and nothing herein shall be construed to be a representation of such guarantee. The information contained in this presentation is subject to amendment, revision and updating. Certain statements contained in this presentation may be statements of future expectations and other forward-looking statements that are based on the management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those in such statements as a result of, among others, factors, changing business or other market conditions and the prospects for growth anticipated by the management of the Company. These and other factors could adversely affect the outcome and financial effects of the plans and events described herein. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements which speak only as of the date of this presentation. This presentation is for information purposes only and may not be further distributed or passed on to any party which is not the addressee of this presentation. No part of this presentation must be copied, reproduced or cited by the addressees hereof other than for the purpose for which it has been provided to the addressee. This document is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933 as amended.

9 The „brain“ of a PV Plant Difference between great and a distressed assetRELEVANT CATEGORIESExperienceQualityServiceTechnologyGrid Mgmt.Inverter = only 10%of Project Value …PERFORMANCE&RELIABILITYINCREASE THE CASHFLOWLOWER INVESTMENT RISK… BUT MOST VITAL !9

10 Experience: how much. / how big. /whereExperience: how much? / how big? /where? Real life Experience is a vital selection criteriaGermany [38 MW]United Arab Emirates [10 MW]USA [16 MW]Italy [85 MW]Solar PV ist still a comparatively young technologyVendors go through learning curvesA large installed base and experience with large projects lead to higher availability and less riskTotal installed capacity >> +25GW installed wordlwideExperience in large scale projects? >> +6GW installed worldwideYears of large scale experience? >> +10years PPS & +30y MPSExperience in different climate? >> From Alaska to dessert